Security threat deters investment
Pakistani investors who know their country and its economy better and can anticipate future policy trends rather more accurately than foreigners presume that foreign investors know better the investment prospects on...
Can SBP invest $750m in risk-free bonds?
A three-member team of State Bank officials was in Dubai last week to explore the possibility of investing $750 million in international bonds market....
Will free trade agreements work?
Trade agreements are perhaps the most convenient tools for Pakistan’s commerce ministry to play tricks on the people. Mounting trade gaps and rising import bill for tea and edible oil had...
Share index all set to hit 3-year peak level
After rising by another four per cent during the last week, the KSE 100-share index is poised to break through its most-coveted level of 2,000 points, possibly before the board meeting...
Demand, time liabilities continue upward tendency
According to the Weekly Statement of Position of Scheduled Banks for the week ended August 17, 2002, the sum of demand and time liabilities maintained an upward trend in the week...
Consolidated temperament rules commodity markets
The Karachi wholesale commodity markets turned mixed last week as the brokerage houses took profits at the inflated levels on some of the essential counters under the lead of some varieties...
Rupee/dollar parity stable
The rupee-dollar parity ruled mostly stable in the inter-bank market in the absence of major demand and the lack of support from the State Bank of Pakistan. Not much buying interest...
Unexplained exigency of flood canals
Wapda, it seems, has initiated the nine flood canals in Sindh and Balochistan simply to counterbalance the construction of the Greater Thal flood canal in Punjab that by itself is a...
Sindh’s water Share
The discord between the provinces on water shortage has tended to sidetrack the role of the Sindh irrigation department. Though, the persistent drought and the unfair distribution have been the rootcause...
A new automobile policy needed
It is time the government revised its automobile policy permiting free import of all new vehicles manufactured anywhere in the world. In return, every auto manufacturer should undertake to export from...
Thrust on aggressive coal-mining
The President’s directive to the Sindh government to complete a bankable feasibility of Thar coal by September 2003 would lend a new momentum to the activities geared towards exploitation and usage...
Internet and money-laundering
Money-laundering has been defined as the use of money derived from illegal activity by concealing identity of the individual who obtained money and converted it into assets that appear to have...
World commodity report
In the week ended August 24-25, oil futures ended the week firm. On August 20, New York’s Nymex September contract hit a 15- month high of more than $30 a barrel before its expiry at the end of the day....
Mission for Pakistan’s business education
The Monopoly Control Authority (MCA) is to intervene a second time in four years to break an upcoming cartel in cement industry (Dawn, 23-8-02). The cement manufacturers in the south of...
KSE still going through transition
Regulating the corporate affairs of companies listed on the Karachi Stock Exchange (KSE) is different from regulating the trading activities in the shares of those companies....
Who cares for small investors?
The Pakistani stocks are at their highest in more than two years. Since January, the Karachi Stock Exchange index of 100 shares has scaled a whopping 54 per cent and responsible...
Making a difference in workplace
Work experience is an important ‘asset’ for any candidate applying for a job. It goes on to address employers requirement of past work experience for most skilled positions....
Pakistan’s participation less lively: Johannesburg summit
There is a ten-year long road that stretches between the Rio Earth Summit in 1992 and the ongoing summit on sustainable development at Johannesburg. In the decade that went by, has...
PIA’s fleet replacement plan: imperatives
The Pakistan International Airlines (PIA) is poised to commit $2 billion on its ambitious fleet replacement plan over the next 10 years. The Chairman, PIA, on 26th August ,disclosing details of...